'Suryarosni NSE' a brief analysis and future prospects

SURYAROSNI




*Overall the stock is moving in an upward sloping channel when viewed in weekly time-frame
*It bounced perfectly from the mid of the high time frame channel
*Currently below the resistance @529.30
*In 3min lower time frame the stock is in an uptrend
*Price is above 200ma
*Conclusion: If the Resistance @529.30 is broken and established as support with good buy volume then we can expect higher prices.

Disclaimer: The views above are solely mine and it is not meant to be a financial advice. Please do your own research and analysis while engaging in trades.

Note: This is my first post and I would be delighted if you could share your feedback regarding my analysis.